Nearly $1 million allegedly stolen

Published: Thursday, January 31, 2013 at 11:11 a.m.

Last Modified: Thursday, January 31, 2013 at 3:28 p.m.

A top financial officer is charged with stealing nearly $1 million from a Terrebonne Parish business.

Sam Holloway, 32, 703 Victoria St., Berwick, is accused of stealing money from Nondestructive and Visual Inspection, or NVI, a company headquartered on West Park Avenue in Gray that inspects ships and oilfield structures, according to the Terrebonne Sheriff's Office. He worked at the company as a comptroller.

Holloway allegedly assigned the money to ex-employees' per-diem cards, used to pay workers for daily expenses such as meals, then used the cards himself. The thefts began in January 2012 and continued until office management learned of the crimes.

The company called the Sheriff's Office on Monday. Holloway was arrested Tuesday night, deputies said.

In total, $983,000 was stolen, deputies said.

Holloway is charged with felony theft and 14 counts of access device fraud for using the pay cards. He is in the Terrebonne jail on a $300,000 bond.

<p>A top financial officer is charged with stealing nearly $1 million from a Terrebonne Parish business.</p><p>Sam Holloway, 32, 703 Victoria St., Berwick, is accused of stealing money from Nondestructive and Visual Inspection, or NVI, a company headquartered on West Park Avenue in Gray that inspects ships and oilfield structures, according to the Terrebonne Sheriff's Office. He worked at the company as a comptroller.</p><p>Holloway allegedly assigned the money to ex-employees' per-diem cards, used to pay workers for daily expenses such as meals, then used the cards himself. The thefts began in January 2012 and continued until office management learned of the crimes.</p><p>The company called the Sheriff's Office on Monday. Holloway was arrested Tuesday night, deputies said.</p><p>In total, $983,000 was stolen, deputies said.</p><p>Holloway is charged with felony theft and 14 counts of access device fraud for using the pay cards. He is in the Terrebonne jail on a $300,000 bond.</p>